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Business, 25.10.2019 02:43 helpplz84

Estimating doubtful accounts outlaw bike co. is a wholesaler of motorcycle supplies. an aging of the company’s accounts receivable on december 31, and a historical analysis of the percentage of uncollectible accounts in each age category are as follows: age class balance percent uncollectible not past due $908,000 1/2 % 1–30 days past due 99,900 2 31-60 days past due 45,400 8 61–90 days past due 32,700 14 91–180 days past due 23,600 40 over 180 days past due 17,300 75 $1,126,900 estimate what the proper balance of the allowance for doubtful accounts should be as of december 31. age class balance percent uncollectible estimated uncollectible accounts amount not past due $908,000 1/2% $ 1-30 days past due 99,900 2 31-60 days past due 45,400 8 61-90 days past due 32,700 14 91-180 days past due 23,600 40 over 180 days past due 17,300 75 total $1,126,900 $

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